Bitcoin Huwa Pussess, Mhux Proprjetà

By Bitcoin Magazine - 7 months ago - Ħin tal-Qari: 4 minuti

Bitcoin Huwa Pussess, Mhux Proprjetà

Il-proprjetà tqum b'mod naturali, permezz tax-xogħol (trasformazzjoni tal-materja) u permezz ta 'skambju paċifiku ta' individwi. Huwa kunċett fundamentali li jippermetti l-azzjoni umana billi jippermetti lill-individwi jissodisfaw il-ħtiġijiet u jinnavigaw l-inċertezza. Dan jirriżulta f'riżorsi li jintużaw bl-aktar mod effiċjenti peress li l-individwi li għandhom interess qawwi li jagħmlu dan. B'kuntrast, il-ħtieġa għal definizzjoni legali ta' proprjetà minn awtorità ċentrali bħall-istat tista' tirriżulta f'riżorsi kkontrollati minn individwi li m'għandhomx interess qawwi li jużawhom b'mod effettiv. Dan jista’ jwassal għal ineffiċjenzi u abbuż, kif nistgħu nosservaw mad-dinja kollha.

"Il- human economy and property have a common economic origin, since both have their ultimate reason in the fact that there are goods whose available quantity is less than people's needs, and property is thus the same as the economy, not an arbitrary invention, but rather the only possible practical solution to the problem that the nature of things, the above-mentioned mismatch between demand and available quantity of goods, imposes on us for all economic goods - C. Menger (Prinċipji tal-Ekonomija, p. 56).

Sfida tal-Proprjetà Diġitali

When discussing the nature of bitcoin, it's important to address its classification as property. Unlike traditional assets, bitcoin as a digital asset, cannot be classified as property, because digital "property" is a concept that paradoxically excludes itself. Digital "things” do not exist, they are information. Therefore, one can never own the “thing” itself. While one can be in possession of bitcoin and have complete control over it by being in control of the private key or seed that enables the initiation of bitcoin transactions, one can never own bitcoin.

Il-pussess mhuwiex sjieda, u viċi versa. Fil-filosofija politika u legali, issir distinzjoni bejn il-pussess (kontroll), which Ludwig von Mises calls "catallactic" or "sociological ownership", and ownership, a normative concept, which Mises calls "juristic ownership". One is factual, and one is normative. In addition, the digital nature of Bitcoin complicates the definition of ownership when multiple individuals possess the same seed. In such cases, legal frameworks are required to define ownership, underlining the need for a reassessment of the notion of digital property. ‌‌‌‌

Bitcoin: A Paradigm of Digital Self-Sovereignty ‌‌‌‌

Property is fundamentally a construct of the physical world and cannot be copied digitally. The importance of Bitcoin lies in establishing a paradigm of digital self-sovereignty that does not rely on authorities or legal systems. It centres around cryptographic control. This provides protection against invasions of privacy and ensures the protection of individual freedom. When stored in cold storage (offline), those bitcoin are the holder’s alone and are not at risk of confiscation or inflation by third parties. In addition, little can stop you from selling or taking bitcoin miegħek.

Satoshi Nakamoto explaining the power of Bitcoin at $0.07, exactly 13 years ago.

‌‌Bitcoin: A Portable Store of Value

Il-portabbiltà ta' bitcoin distinguishes it from physical assets like gold, real estate, or art. While physical assets can be easily confiscated, destroyed, or taxed, bitcoin's digital nature renders it highly portable. In times of conflict or flight, bitcoin holders can securely relocate with their wealth by memorising a seed phrase. This mobility empowers individuals to escape the vulnerabilities of legal ownership and preserve their assets independently. Bitcoin is permission-less and resistant to censorship.

Due to its superiority as a maħżen tal-valur, bitcoin has the potential to absorb a significant portion of the monetary premium that various forms of scarce goods have accumulated in the last decades under an inflationary monetary regime. This is especially relevant for real estate, as it has become the most widely used store of value under fiat. Around 67% of the world's wealth ($330 T) is stored in real estate today. A significant portion of that is likely to flow into Bitcoin over time.‌

Bitcoin's Absolute Scarcity

‌‌‌‌Bitcoin's unique feature of absolute scarcity sets it apart from other assets. New building land can be developed, new zoning laws may allow for more building space. A living artist can create more art. Gold production can increase when demand increases, and new gold can always be discovered. On earth and in space. The scarcity of bitcoin, however, is immutable. The finite supply of 21,000,000 is hard-coded into the protocol. The transparency of the open-source code ensures verifiability, reinforcing bitcoin's status as an absolutely scarce digital commodity.

Konklużjoni‌‌‌‌

Bitcoin is creating a paradigm of digital self-sovereignty, empowering individuals with full control over their wealth. Its inherent qualities, including portability, absolute scarcity, and cryptographic control, position it as a formidable store of value. It offers a new paradigm that aligns with the libertarian principles of the Austrian School of Economics. As societies navigate an evolving economic landscape, Bitcoin's role in securing productivity and promoting individual freedom becomes increasingly vital.

Il-ħila li il-valur tal-maħżen separate from the physical world is just as important as the separation of money and the state, because it guarantees everyone in the world with internet access the opportunity to build and protect wealth, which is one of the most important foundations for a free and self-determined life.

Bitcoin cannot be created arbitrarily or taken easily by force, but through proof-of-work and cooperation. This creates the basis for peaceful coexistence and efficient resource allocation between market participants.

Nixtieq nirringrazzja iskala għar-rispons siewi tiegħu dwar dan l-artikolu kif ukoll R0ckstar u, Erik Cason for the inspiration and our conversations about Bitcoin, property, crypto-sovereignty and real estate.

Dan huwa post mistieden minn Leon Wankum. L-opinjonijiet espressi huma kompletament tagħhom u mhux neċessarjament jirriflettu dawk ta 'BTC Inc jew Bitcoin Magazine.

Sors oriġinali: Bitcoin Magazine